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PayPal Integrates PYUSD Stablecoin into Venmo to Broaden Crypto Accessibility; SHIB and VC Spectra Show Green in Crypto Listings

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Jay Solano

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Author

Jay Solano

Tags

Editor's Choice

Category

News - Archive

Reading time

3 mins
Last update

Author

Jay Solano

Tags

Editor's Choice

Reading time

3 mins
Last update

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In a significant stride towards mainstream crypto adoption, PayPal has announced the integration of PYUSD, a stablecoin, into its popular payment app, Venmo. This development marks a substantial expansion of crypto accessibility for Venmo users. Meanwhile, top altcoins Shiba Inu (SHIB) and VC Spectra (SPCT) are showing impressive performance, demonstrating their potential as the best coins to invest in before October.

Let’s find out which of these tokens suits you the best.

>>BUY SPCT TOKENS NOW<<

Summary

  • PayPal stablecoin PYUSD launches on Venmo.
  • Shiba Inu’s (SHIB) team member Lucie expresses bullish bias.
  • VC Spectra (SPCT) to enter Stage 4 at $0.044, marking another 33.33% ROI.

PayPal’s Stablecoin Is Now Available on Venmo, Boosting Digital Payment Efficiency

PayPal has revealed the integration of PayPal USD (PYUSD), its stablecoin, into Venmo, providing access to regulated, dollar-backed digital currency for selected users. PYUSD is fully backed by US dollar deposits, short-term US Treasuries, and similar cash equivalents, ensuring stability. 

This step is part of PayPal’s initiative to bridge fiat dollars with the web3 ecosystem, enhancing payment efficiency while lowering costs. Users with other supported external wallets and merchants who accept payments in PYUSD can also receive transfers from Venmo with applicable network fees.

Shiba Inu (SHIB): A Beacon of Hope Amidst Stagnation

Amidst recent price stability, Shiba Inu (SHIB) continues to capture the crypto community’s attention. In the latest SHIB news of September 21, Lucie, a prominent member of the Shiba Inu (SHIB) team renowned for her insights into the market, recently expressed an optimistic outlook for Shiba Inu (SHIB). 

On platform X, she confidently stated what would later become significant SHIB news, “I firmly believe that SHIB is poised to initiate a bull run.” Lucie’s sentiment was grounded in the impressive statistics of Shibarium. In another SHIB news originating on the Shibarium network, Shiba Inu (SHIB) had completed 3 million transactions and 1.2 million wallets

Since the announcement, Shiba Inu (SHIB) has experienced a slight uptick of approximately 1.5% from $0.000007197 to $0.000007305 by September 23. This resilience has garnered investor interest, and experts have given a positive SHIB price prediction for October.

While this small surge does not seem like a massive ROI for current Shiba Inu (SHIB) investors, experts predict that SHIB could surpass $0.000009565 by October 14. This optimistic prediction takes its roots from Shiba Inu’s (SHIB) excellent resiliency against market trends and the constant influx of new investors after its Shibarium launch.

VC Spectra (SPCT) Reports Stage 4 Prices: Another 33% Surge Incoming

VC Spectra’s (SPCT) success story is underpinned by a range of features that set it apart in the crypto landscape. Its commitment to investor safety, with meticulous project evaluation and smart contract audits, ensures a secure environment for investors. 

The SPCT token, adhering to the BRC-20 standard on the Bitcoin blockchain and featuring a deflationary mechanism, holds the potential to appreciate over time. 

With its impressive ROI performance and a promising future in Stage 4, VC Spectra (SPCT) remains a standout choice among top crypto coins, attracting investors seeking innovation and returns.

VC Spectra (SPCT) continues to make waves in the crypto sphere as it announces its Stage 4 price of $0.044, revealing a 33.33% surge from the current Stage 3 price of $0.033. This development comes on the heels of an impressive ROI performance, starting from Stage 1, where early investors have already enjoyed a remarkable 312.5% return until now. 

As the journey progresses to Stage 4, VC Spectra (SPCT) remains poised to deliver yet another significant ROI, further solidifying its position as one of the top DeFi projects and the best cryptocurrency to invest in during 2023.

Learn more about the VC Spectra (SPCT) presale here:

Presale: https://invest.vcspectra.io/login 

Website: https://vcspectra.io  

Telegram: https://t.me/VCSpectra

Twitter: https://twitter.com/spectravcfund

Jay Solano

About the Author

Jay is a crypto and NFT enthusiast dedicated to exploring the dynamic world of digital assets. As a crypto blog writer, he shares his knowledge of the latest trends, breakthroughs, and investment opportunities in the blockchain world.